MrRenev
Short

IT'S GOING TO ZERO!

FX:CHFJPY   Swiss Franc / Japanese Yen
Swiss Franc had some fearmongering with rates so low people could (should) be interested in withdrawing from the home and keeping their money at home. Same idiotic monetary policies the west is seing every where because they really want to collapse soon so they will be remembered as something big like the roman empire that collapsed similarily.
It may be the reason for the fast climb. But that short term tender feelings move is over, time for the price to go back to its "true value".

The yen is trending up. All I heard recently is trash bonds in Japan hopes got crushed because banks want to lend alot , and the central bank governor has gotten harassed to make even MOAR aggressive monetary policies (reeee).

Europeans and Japanese multi century world domination has been weakening, and they're getting desperate I swear xd.
Buying time but making things worse long term. Well done. Rest in pieces.

Anyway, nice pattern here I think. And price is in supply area.

In baggy breakeven area:

Also, this is similar to EURJPY & BTCUSD triple tops I posted about this year.

EURJPY:

BTCUSD:

If the price goes as far as the stop loss I indicated, the pattern is no longer valid.
Sep 05
Trade closed: stop reached
Sep 06
Comment: Scammed again. Happens so often it's insane.
Idk why I even use stop losses.
Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy. It's inherent virtue is the equal sharing of misery. We will fight them on the beaches... ~ Winston Churchill
LOL that happens a lot... and still there is people saying that you have to use SL...
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MrRenev G0ldenross
@G0ldenross, I'd use options if I could, would have so many winners instead of losers this year, an incredible amount. But europe regulators banned those "to protecc", thanks alot. And I tried going abroad but the big companies block those for european people HAHA!
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have you give a look to gold recently??... i have devided analysis on it would like to know what you see.
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MrRenev G0ldenross
@G0ldenross, Price dumping after rejecting that 50,000 $ / kg price.

I think this could happen, the summer rally was probably not a false break:


Looking like it could go drop further and bottom where it would be interesting to buy. I would hold till 1800.
+1 Reply
@MrRenev, agreed... altho i had till this morning a 1580 target for rejection.... it seems it will not come this time.... thanks friend
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